The bay and mountains near Perast, Bay of Kotor
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Luxury Real Estate in Bay of Kotor

A UNESCO-listed, fjord-like bay with a superyacht marina: the Adriatic's most liquid prime market, with Gulf, Turkish and British buyers.

Founding Partner placesMontenegro real estate guide
The bay and mountains near Perast, Bay of KotorPhoto: JinHui CHEN / Unsplash

The Territory

Bay of Kotor at a glance

Towns and neighbourhoods

The addresses this Territory covers, in Montenegro.

  • Tivat (Porto Montenegro)
  • Luštica Bay
  • Portonovi
  • Kotor

Why it is a luxury market

A UNESCO-listed, fjord-like bay with a superyacht marina: the Adriatic's most liquid prime market, with Gulf, Turkish and British buyers.

Indicative prime price

€5,000–8,000 per m² asking at Porto Montenegro; €3,500–6,000 per m² in Kotor Old Town (Investropa, 2026).

Indicative only. Sources mix averages, asking prices and recent sales; the basis and year are given. Local-currency figures are as published; convert at the day's rate.

For who can buy, the taxes and the steps, read our Montenegro real estate guide and Can foreigners buy property on the Mediterranean?

The Territory in pictures

Bay of Kotor in pictures

St George islet and monastery off Perast, Bay of Kotor
St George islet and monastery off Perast, Bay of KotorPhoto: Benjamin Nilsen / Unsplash
Perast waterfront, Bay of Kotor
Perast waterfront, Bay of KotorPhoto: Biljana Martinić / Unsplash
Waterfront residences, yachts and palms, Porto Montenegro, Tivat
Waterfront residences, yachts and palms, Porto Montenegro, TivatPhoto: Lena Netkach / Pexels
Waterfront buildings and palms, Porto Montenegro, Tivat
Waterfront buildings and palms, Porto Montenegro, TivatPhoto: Lena Netkach / Pexels
Superyacht at the marina, Porto Montenegro, Tivat
Superyacht at the marina, Porto Montenegro, TivatPhoto: Lena Netkach / Pexels

Founding Partners

Three places for agencies, three for developers in Bay of Kotor

Each Territory has three Founding Partner places for luxury real estate agencies and three for developers. All six are open.

Founding Partner Agencies: three places — open

Agency · Place IA place is openApply ›Agency · Place IIA place is openApply ›Agency · Place IIIA place is openApply ›

Founding Partner Developers: three places — open

Developer · Place IA place is openApply ›Developer · Place IIA place is openApply ›Developer · Place IIIA place is openApply ›

Places are filled first come, after approval. Founding Partners are presented side by side and in rotation, and every buyer who asks about this Territory is pointed to them. Partner pages are clearly marked as paid.

Apply to become a Founding PartnerHow the programme works ›

Buying here

Looking for a home in Bay of Kotor?

I

Visit first, then buy

Many buyers discover a place as guests, return to view homes in person and buy on a later visit. Start with our guide to Bay of Kotor.

II

Buy from abroad

Many international buyers own before they ever visit: they view homes by video, work with a licensed agency and an independent lawyer, and sign from home where the law allows.

III

Invest as an institution

Funds, family offices and companies buy whole buildings and portfolios, working directly with the Founding Partner Agencies and Developers of this Territory.

Meet the Founding PartnersContact them directly, by call, WhatsApp, email or their own website. TheMediterranean.com is not a real estate broker, agent or finder.

Questions

Questions about Bay of Kotor

Who are the Founding Partners for Bay of Kotor?

Each Territory has up to three Founding Partner luxury real estate agencies and three Founding Partner developers, presented side by side on this page. All six places in Bay of Kotor are open today.

Can foreigners buy property in Bay of Kotor?

The rules are set country by country. Read our Montenegro real estate guide and confirm the position with an independent lawyer before you commit.

Can I buy in Bay of Kotor without visiting?

Often, yes. Many buyers view homes by video, work with a licensed agency and a lawyer, and sign through a power of attorney where the law allows.

Is TheMediterranean.com an estate agent?

No. TheMediterranean.com is an advertising and media platform, not a real estate broker, agent or finder. We take no commission, and buyers contact Founding Partners directly. Partner pages are clearly marked as paid.

Keep exploring

More on Bay of Kotor and Montenegro

Where to stay

One&Only Portonovi

Selected by TheMediterranean.com · Kumbor, the Bay of Kotor

View the Resort

Also in Montenegro: Budva Riviera & Sveti Stefan

Checked 31 October 2026. Rules and rates change; confirm with a qualified lawyer and tax adviser before you buy. TheMediterranean.com is not a real estate broker, agent or finder, and nothing here is legal, tax or immigration advice.

Also of interest

More of the Bay of Kotor

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